Reserve and Surplus Balance

This query is : Resolved 

26 January 2024 Reserves & Surplus Rs. xxx
1. Profit before depreciation and tax (PBDT) Rs. 200
2. Depreciation Rs. 150
3. Profit before Tax Rs. 50
4. Profit after Tax Rs. 40
A) Which of this above four items will be added in Reserve and Surplus ??
B) Why??


28 January 2024 Profit after tax is added.
Since it's the surplus amount after payment of all expenses and taxes.

28 January 2024 Thank you
CA R SEETHARAMAN


28 January 2024 You are welcome...
...



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